Faculty News
Prof. Richard Sylla on how financial markets have changed since The Wall Street Journal's founding
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Excerpt from The Wall Street Journal -- “In the 20th century, what had been for the rich got offered to ordinary people,” noted financial historian Richard Sylla of New York University’s Stern School of Business. He expects selling by aging Americans to be offset by buying from fast-growing developing countries and says that free international capital flows have been among the biggest advances of the past 125 years."
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